A Step-by-Step-Guide on how to buy BitDefi (BFI)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. BitDefi (BFI) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find (BFI) BitDefi As soon as your deposit has been approved, you will instantly have access to your assets and you can launch purchasing and trading. To buy BitDefi (BFI) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To locate (BFI) BitDefi, you will need to put the short name of the asset (BFI) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we've marked this too. Click on “BFI/BTC” to progress.
Step 4 – Purchasing BitDefi (BFI) After you have located (BFI) BitDefi, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The “Price” field will be automatically filled with the up-to-date valuation (BFI) BitDefi was traded for. This can be changed to your desired rate. The “Amount” field is the quantity of BFI you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of BFI. If you're satisfied, make a mouse click on “Buy BFI”. Your plan will be filled as soon as a Vendor sells their BFI for the price you introduced.
Step 5 – Withdraw BitDefi (BFI) Unless you are trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To withdraw your (BFI) BitDefi, hover over the “Funds” tab and click on “Withdraw”. BitDefi (BFI) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitDefi (BFI) by using the provided drop-down box. Drop in the volumen of BitDefi (BFI) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You may be asked for verfication via phone/email before a withdrawal.